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- Joe Biden will inherit a struggling economy when he takes office in January.
- Republicans can retain control of the Senate based on the outcome of two Senate second-round races in Georgia.
- Biden could provide student debt relief, reallocate unspent federal relief funds, and raise the minimum wage for federal contractors without Congress.
- Visit the Business Insider homepage for more stories.
President-elect Joe Biden will inherit a struggling economy when he takes office in January. Coronavirus infections are reaching new highs, with the pandemic showing no signs of abating anytime soon.
Meanwhile, millions of people remain unemployed and permanent layoffs are increasing. Small businesses are still shutting down as the recovery shows signs of weakening without further stimulus.
Two Senate second-round races in Georgia will decide which party controls the Senate and the balance of power in Washington. If Republicans hold the chamber, it may be difficult for Biden to achieve many elements of his platform such as tax increases for wealthy individuals and businesses.
But here are four steps Biden could take without Congress.
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